Generally, futures traders are familiar with the name of Richard Dennis. He was the founder of the Turtle Trading System. For many years the exact parameters of Dennis were kept a secret. Later he released some of them as the turtle strategy.
What is an oscillator? As the name suggests the oscillator is something that oscillates. In this post, I will describe something about the advanced get oscillator. As you know that an advanced get is a software where you can understand the Elliott wave counts. But how to confirm the accuracy of the Elliott wave counts. There comes another indicator called advanced get oscillator or it is also called as Elliott Wave Oscillator. In this post, I will describe the author later as well as I will give you a free Amibroker AFL (Amibroker Formula Language) of the oscillator. Here, you will also get an idea of how to trade oscillator besides free Amibroker AFL.
Before beginning, one thing should be clear to you, our previous article on Pivot Point is quite different from today’s Pivot support-resistance. Hence, Pivot is a totally separate concept. The pivot point is a calculated Pivot while today’s topic covers Structural Pivot or often refers to Bar Count Reversals. At the end of the article, a free Amibroker AFL code will be provided. So, let’s start with support-resistance.
Bollinger Bands are a technical trading device, developed by John Bollinger in the early Nineteen Eighties. It arose from the necessity for trading bands. The article is all about MACD BB Indicator.
AFL or Amibroker Formula Language is one of the most powerful formula language, widely used for technical analysis in the stock market. It allows traders to customize a trading system, define own personal indicators. You can find various articles on Amibroker AFL code writing on our site. Today, we come with more specific details and example of Amibroker AFL on MACD(Moving Average Convergence Divergence). There are ways by which you can create Amibroker AFL (the language of Amibroker). Once you learn the language, it’s become easier.
The term “Halloween” always comes with “tricks or treat” in general. In the stock market, based on investors behavior Halloween indicator formed. Sometimes, it refers to the “Sell in May and Goes Away” Strategy. According to the analysis of Bouman and Jacobsen in 2002, the Halloween indicator effect is strongest in Europe since the 17th century and the effect has appeared in most of the countries. Before going into the depth, let’s have a look at the definition of Halloween Indicator.
In technical analysis, convergence and divergence play a significant role. Today’s topic is based totally on trade Divergence and its various types. Based on the three absolute of the market, price, volume and time, divergence forms. Both convergence and divergence are widely used to predict future price action based on current values. It not only predicts the future behaviour but also determines the current market movements. In this article, you will be introduced with the basic theory of Divergence pattern. At the end of the post, I shall give you the link to download AmiBroker AFL (World’s top charting tool) to trade divergence.
Markus Heitkoetter invented many certified day trading methods and creator of the global bestseller The Complete Guide to Day Trading: A Practical Manual From a Professional Day Trading Coach. For more information about his trading style and strategies, we recommend reading his book.
What Is Jimberg AFL? This is a volatility-based trading system developed by Jim Berg. Jim is a skilled trader and he caught the eyes of many individuals when he used it to win the Non-public Investor Journal trading competition in 2002. That was a tough year in the Australian market. All the way through that 12 months the market declined by about 20%. However, Jim managed to provide a return of some 30%, an enormous out-performance of the market. Jimberg AFL is Jim’s work that he coded in Amibroker formula language. At the end of the post, I will share Jimberg AFL for AmiBroker free for you that you can use for your trading.